jQuery - use wrap() to wrap multiple elements?

How would I go about using wrap() to wrap multiple elements (with different classes) inside a <div>?

For example, on the form I'm working on there is a big list of checkbox inputs and labels in the form of:

<input>
<label>
<input>
<label>

etc

I'm wanting to wrap a <div> around the input and label, so the result would be:

<div>
  <input>
  <label>
</div>
<div>
  <input>
  <label>
</div>

Thanks!